Consumer prices in the US are rising sharply in September’s Reuters correspondent report


© Reuters. EXAMPLE: U.S. Bills are displayed at the Bureau of Engraving and Printing in Washington, November 14, 2014. REUTERS / Gary Cameron

NEW YORK (Reuters) – Consumer prices in the U.S. have risen sharply in September and are set to rise in the coming months in terms of rising energy prices, which could cast doubt on the Federal Reserve’s assertion that higher inflation is short-lived.

QUESTIONS:

RANDY FREDERICK, ADMINISTRATIVE ADMINISTRATOR

“It’s a bit of a move. The CPI was removed last month, so I was not too surprised … by the PPI that has been so difficult. That will be obedient, but this is also far from what they expect.”

“A lot of people understand that the marketing crisis and the scarcity of things are going on; there are a few people out there who are predicting that these will be gone soon … I think they want to shoot. This is not going to change any of that. to the banks that are out this week as well as the PPI number. “

SAM STOVALL, A GOOD STRATEGIST STUDENT

“The headline was a little hotter than we expected but the basics were in line with our expectations and I think the worst is not behind us because we believe that the fourth quarter CPI annually comes at 5.5% on average and then start exercising as we move towards 2022. Higher The upcoming price hike makes it even harder for Money to be the first to announce the registration program at the November meeting and start right there and then go through the middle of the More “2022.”

NANCY DAVIS, RESIDENT, QUADRATIC INSTRUCTOR, GREENWICH, CONNECTICUT (email)

“Wednesday’s Consumer Price Index raises a six-month low price index, indicating that inflation is not as temporary as many traders have already anticipated. disrupting corporate profits in a big way. “

“Information on inflation will not change the Federal Reserve’s position on employment. The Fed is already expected to announce its plans and the central bank wants to retain its position on their movement. stocks and other dangerous items. “

JIM AWAD, CLEARSTEAD ADVISORS LLC, NEW YORK

“The big heads were a little higher than they expected, at the peak just a little lower than they expected, but I think we’re making an agreement here that the downturn will be temporary than the Fed originally thought. next I will finish it between summer and June and start raising prices next year. “

RICK MECKLER, Partner, CHERRY LANE INVESTMENTS, NEW VERNON, NEW JERSEY

“There will be new interest in other travel companies. Traditionally, this has not been good for the technical sector and for stocks that have more.”

“The Fed may be making a fuss over inflation, but they still believe inflation is short-lived, and they will continue the same path as they start buying stocks and look for higher prices in 2022.”

MINH TRANG, SENIOR FX Dealer, SILICON VALLEY BANK, SANTA CLARA, CALIFORNIA

“The headline has been rising for the past two or three weeks and I think the reports were in line with expectations – obviously the numbers were slightly lower than expectations, but I don’t think this is too surprising for people. oil to know that prices have been high, for the last four or five months. “

“When it comes to the Fed, it gives them extra support in changing the financial system when it comes to change, based on prices that can be very high.”

“I think that’s why the dollar remains strong … however the dollar has been encouraging each other in the end, I would say a month or two.”

PETER CARDILLO, THE BEST MONEY MARKET

“The high price is in line with expectations. What is important is that it reflects continuous inflation. Inflation will be longer than expected by the Fed.”

“In my opinion this is speeding up this move and we will probably receive an announcement next month.”

GENNADIY GOLDBERG, MONEY, TD SECURITIES, NEW YORK

“The downturn was stronger than expected, which is driven by the fact that I can say a lot about Covid’s implications. The downturn was not as great as expected, at the same time the rents were slightly higher, which is important.”

“But honestly, there’s a lot more value here than it already seems, so this is a much stronger printer than expected even if you look at all the great prices they were a little weaker.”

“For these markets it will continue to strengthen the head of the Fed which may rise for the first time, but may not raise as much as expected, because it is moving rapidly to meet inflation.”

ART HOGAN, A GOOD STRATEGIST, NATIONAL EXAMPLES, NEW YORK

“It’s a little hot, on the head, and on the line.

“The good news is that the growth rate has dropped for three consecutive months. So what does that mean? Yes, we are seeing more, but it is declining and very large. It shows signs of change. That’s why I think that’s what entrepreneurs are talking about.”

“This does not change the agreement that at the next Fed meeting, which will be held in November, we will probably hear about the registration process. That is why I think the Fed is still working on the terms of the agreement on their results.”

“We have a market that sees more pain than twists as we enter the moment of recovery …

“We will have a market that can shift its focus from big things to small things in a profitable time.”

JIM VOGEL, AND MONEY MATTERS, FHN Finance, MEMPHIS, TENNESSEE

“Obviously there is enough for people to continue to sell fraudulently and just take the Treasury’s medium yields into new products. That is why the issue of inflation continues to rise with every issue that people find reasons to worry about the economy.”

“The next big thing for 10 years is that 30-year sales go up, if the 30-year market continues to sell and we’ll get rewards somewhere around 2.06%, which should be less than 1.60%, but what Eyes just got here is 5 years over 1.10% , which is starting to move into the area where the money is increasing next May. Maybe we will continue to argue about this for four months. “

OLIVER PURSCHE, SENIOR VICE PRESIDENT, ASSISTANT ADVICE, NEW YORK

“It’s no surprise. We know inflation is rising because of rising commodity prices and the volatility of our experience.”

“It reassures the Fed because there have been no surprises.”

“I don’t see the recession going on. The economy continues to grow, albeit harder than in the last 12 months, but most of us are well off and consumers seem to be still interested and good for the economy.”

“We have to paddle and see where inflation is. It doesn’t mean its size is enough for the whole solution.”

“If wages have risen 5% in the last 12 months, they are important and they also benefit the economy. Our concern is that they will continue to rise sharply, and there is no doubt about it.”

(Posted by Global Finance & Markets Breaking News)





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